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Junk Bonds
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Junk Bonds : How High Yield Securities Restructured Corporate America

Book Details

Format Hardback or Cased Book
ISBN-10 019506111X
ISBN-13 9780195061116
Publisher Oxford University Press Inc
Imprint Oxford University Press Inc
Country of Manufacture GB
Country of Publication GB
Publication Date Mar 14th, 1991
Print length 272 Pages
Weight 584 grams
Dimensions 23.50 x 15.60 x 2.40 cms
Ksh 5,850.00
Manufactured on Demand 0 in stock

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This is a study of the high yield bond market, popularly called junk bonds. The author has studied how companies that use junk bond financing compare in economic performance with their industry averages. This book shows that the performance of these companies was superior in the vast majority of cases.
This is a study of the high yield bond market, popularly called `junk bonds.'' Glenn Yago has studied how companies that use junk bond financing compare in economic performance with their industry averages. This book shows that, contrary to what might be assumed, especially in view of the mixed reputation junk bonds have, the performance of these companies was superior in the vast majority of cases.

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